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(a) Whenever any notice is required to be given to any member or director under the provisions of the articles of incorporation or the bylaws, a waiver in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be equivalent to the giving of such notice.

(b) Presence without objection is equivalent to a waiver of notice. [Res. 2011-32; 2008 Code §]